{"id":51337,"date":"2024-11-07T14:15:13","date_gmt":"2024-11-07T11:15:13","guid":{"rendered":"https:\/\/www.al-sindbad.net\/hapag-lloyd-invests-4-billion-for-24-lng-boxships-from-chinese-yards\/51337\/"},"modified":"2024-11-07T14:15:13","modified_gmt":"2024-11-07T11:15:13","slug":"hapag-lloyd-invests-4-billion-for-24-lng-boxships-from-chinese-yards","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/hapag-lloyd-invests-4-billion-for-24-lng-boxships-from-chinese-yards\/51337\/","title":{"rendered":"Hapag-Lloyd Invests $4 Billion for 24 LNG Boxships From Chinese Yards"},"content":{"rendered":"<p><\/p>\n<p>Hapag-Lloyd has finalized two long-rumored contracts for 24 more containerships, adding $4 billion worth of order volume for two Chinese yards. The new boxships will deliver in 2027-8, time horizon that reflects historically high level of ordering activity at the world&#039;s biggest shipyards.&nbsp;<\/p>\n<p>The orders include a dozen 9,000-TEU vessels from New Times Shipbuilding and a dozen 17,000-TEU vessels from Yangzijiang Shipbuilding. These vessel sizes have more flexibility and adaptability for changing trading patterns, since they can call at a much broader range of seaports than larger size classes.&nbsp;<\/p>\n<p>All of the orders will be powered by high-pressure LNG dual-fuel engines, with low methane slip. Hapag-Lloyd emphasized that they could one day run on liquefied biomethane rather than fossil LNG. They will also be built &quot;ammonia-ready&quot; for later conversion when true zero-carbon fuels become available.&nbsp;<\/p>\n<p>Hapag-Lloyd says that the newbuilds will replace aging tonnage in the company&#039;s current fleet, and will increase efficiency.&nbsp;<\/p>\n<p>&quot;This investment is one of the largest in the recent history of Hapag-Lloyd, and it represents a significant milestone for our company,&quot; said Rolf Habben Jansen, CEO of Hapag-Lloyd AG. &quot;Operating a fleet of more efficient vessels will also enhance our competitive position.&quot;<\/p>\n<p>Hapag&#039;s objective is to cut emissions by one-third by 2030, then achieve net-zero by 2045, in line with the Paris 1.5-degree goal. Its strategy is to upgrade its fleet with more efficient technology and tonnage, then transition to green fuels when available.&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>maritime-executive<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hapag-Lloyd has finalized two long-rumored contracts for 24 more containerships, adding $4 billion worth of order volume for two Chinese yards. The new boxships will deliver in 2027-8, time horizon that reflects historically high level of ordering activity at the world&#039;s biggest shipyards.&nbsp; The orders include a dozen 9,000-TEU vessels from New Times Shipbuilding and &hellip;<\/p>\n","protected":false},"author":1,"featured_media":51338,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[2068,773,777,1230,1270,523,23516,2128],"class_list":["post-51337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","tag-billion","tag-boxships","tag-chinese","tag-hapaglloyd","tag-invests","tag-lng","tag-new-times","tag-yards"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/51337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=51337"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/51337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/51338"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=51337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=51337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=51337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}